Hindustan Construction Company has been awarded prestigious IGCAR (Indira Gandhi Center for Atomic Research) contract worth Rs 763.57 crore for construction of fast reactor fuel cycle facility at coastal city of Kalpakkam.
The work includes construction of nuclear safety complaint structures for fuel processing plant for fast breeder reactors and allied facilities including civil, electrical and mechanical works.
The project is to be completed in 48 months.
This is the fourth contract awarded to the company by IGCAR. Prior to this, the company has received three contract from IGCAR to build administrative blocks, township and metallic fuel plants.
Arun Karambelkar, president & CEO-E&C, of HCC said, “We are confident of delivering this job on time with precision in quality, safety and state-of-the-art technology.”
In the quarter ended June 2017, the company had reported 33.5 percent jump in its net profit to Rs 14.52 crore against net profit of Rs 10.88 crore reported in the corresponding quarter last fiscal.